CIB rescue plan counts on new hotel being big success
The Marion County Capital Improvement Board’s bailout depends on the success of Indianapolis’ new downtown JW Marriott convention hotel.
The Marion County Capital Improvement Board’s bailout depends on the success of Indianapolis’ new downtown JW Marriott convention hotel.
Raising Indianapolis’ tax on hotel rooms — already one of the highest rates in the nation — could be the tipping
point that causes conventioneers to bypass Indianapolis, some industry experts say.
I agree 100 percent that Colts’ owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts’ ticket holders should be taxed.
The development of shopping, restaurants, museums, public arts and hotels downtown in the past 25 years has made Indianapolis
a vibrant, more interesting place to live—and to visit.